GOOD PROFIT
PARAMON 1724 Share Price
RM1.01
klse: Paramount Corporation Berhad
Stock Information
Board : Main
Shariah : Shariah Compliant
Sector : Property Development Financial Investment
Address: Level 8, Uptown 1, 1 Jalan SS21/58, Damansara Uptown, 47400 Petaling Jaya, Selangor
Contact: +603-77123333
Website: https://www.pcb.my/
Stock Background
Paramount Corporation Berhad is an investment holding company that is primarily involved in property development and investment of residential and commercial properties. The Company is also engaged in the provision of building and engineering contractor services along with providing private educational services.
Profit Analysis: PARAMON 1724
|
Result
Quarter Report History
| Date | Revenue,k | PBT,k | Net Profit,k |
|---|---|---|---|
| 22/05/26 | 152,200 | 18,577 | 14,397 |
| 13/02/26 | 257,956 | 69,262 | 57,595 |
| 18/11/25 | 242,731 | 35,114 | 25,019 |
| 20/08/25 | 232,541 | 30,062 | 21,772 |
| 23/05/25 | 217,837 | 22,564 | 14,433 |
| 21/02/25 | 361,087 | 71,302 | 54,117 |
| 27/11/24 | 273,530 | 32,009 | 16,390 |
| 28/08/24 | 232,939 | 36,566 | 24,230 |
| 29/05/24 | 172,606 | 17,029 | 7,710 |
| 28/02/24 | 309,355 | 38,373 | 28,202 |
| 24/11/23 | 266,791 | 31,682 | 18,940 |
| 25/08/23 | 241,551 | 36,827 | 24,112 |
Fundamental
Fundamental Analysis
| Last 4 Quarter Revenue (RM’000) | 15 |
|---|---|
| Last 4 Quarter Net Profit (RM’000) | -6,006 |
| Last 4 Quarter EPS (sen) | -0.82 |
| Last 4 Quarter PER | 0 |
| Last 4 Quarter Dividend (sen) | – |
| Last 4 Quarter Dividend Yield (%) | 0.00 |
| Net Tangible Assets (RM) | 2642.00 |
| Goodwill (RM) | 0 |
| Cash (RM’000) | 2,120 |
| Debt (RM’000) | 20,670 |
| Total Debt (RM’000) | 94,770 |
| Net Assets (RM’000) | 172,200 |
| Current Ratio | 1.06 |
| Quick Ratio | 0.83 |
| Cash Ratio | 0.73 |
Technical
Technical Analysis
| MACD (26 vs 12) | -0.001 |
|---|---|
| Exponential Moving Average 5 | 0.11 |
| Exponential Moving Average 20 | 0.112 |
| Exponential Moving Average 90 | 0.114 |
| Relative Strength Index 14 | 0.50 |
| Stochastic %D 3 | 0.33 |
| Stochastic %K 14 | 1.00 |
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Stock Profit Analysis
-
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Salary Proof
BURSA MALAYSIA –
The Group achieved a revenue of RM847.5 million in FY2022, which was 24% higher than in the previous year (FY2021: RM681.4 million), while PBT grew by 50% to RM105.1 million (FY2021: RM70.3 million). The increase in PBT was in line with the higher revenue. Moving Forward, Paramount will be launching seven projects (including new phases of existing projects) with an estimated GDV of RM1.5 billion in FY2023. Apart from new launches there were 10 ongoing projects in four states with a total GDV of RM3.2 billion as at 31 December 2022.
BURSA MALAYSIA –
The Group’s PBT for 3Q2022 was 168% higher at RM41.9 million (2Q2022: RM15.6 million) mainly attributable to one-off transactions such as the DJ Campus Gain and Pre-Tertiary Education Impairment Loss which translated to a net gain of RM15 million. Additionally, the property division has contributed RM12.8 million improvement in PBT in 3Q2022 given the higher level of construction progress and sales coupled with the revision of some project costings.
BURSA MALAYSIA –
The Group’s PBT for 2Q2022 was 7% higher at RM15.6 million (1Q2022: RM14.6 million) mainly attributable to the lower LBT by RM2.1 million of the investment & others division as interest income was higher this quarter.
BURSA MALAYSIA –
The Group’s PBT for 1Q2022 of RM14.6 million was 66% lower than RM42.9 million achieved in the preceding quarter. The 4Q2021 financial results included RM11 million profit from the disposal of a parcel of commercial land at Sekitar26 development, RM7.9 million gains recognised in the consolidation exercise of a subsidiary, and RM4.6 million from the asset impairment loss recorded by the coworking business.
BURSA MALAYSIA –
The Group recorded a PBT from continuing operations of RM42.9 million, which was 575% higher than RM6.4 million in the preceding quarter. This was mainly due to disruptions to construction activities and sales in 3Q2021 that had resulted in lower contribution from the property division by RM28.4 million. In addition, there was a one-off gains recognised upon consolidation of a subsidiary under the investment & others division in 4Q2021.
BURSA MALAYSIA –
The Group recorded a PBT from continuing operations of RM6.4 million which was 38% lower than RM10.2 million in the preceding quarter. This was mainly due to the disruptions to the construction activities and sales.
BURSA MALAYSIA –
For 1Q2021, the Group recorded a PBT from continuing operations of RM10.8 million which was 17% lower as compared to the preceding quarter of RM13.0 million mainly due to the higher interest expense in 1Q2021.
BURSA MALAYSIA –
For 2Q2020, the Group recorded a LBT for continuing operations of RM2.0 million as compared a PBT of RM4.3 million in the preceding quarter. This was mainly due to the impact of the COVID-19 pandemic resulting in lower contribution from the property division by RM8.9 million in 2Q2020. The lower construction activities and sales achieved were the main contributors to the weaker financial performance in 2Q2020.
BURSA MALAYSIA –
The Group’s PBT for continuing operations for 1Q2020 of RM4.3 million was 89% lower as compared to the preceding quarter of RM37.4 million mainly due to the lower contribution from the property division by RM37.1 million. The lower level of construction progress achieved coupled with the lower property sales were the main contributors.
REMUNERATION STUDY –
In Financial Year End 2019, the directors’ remuneration was 11.26 million. It was high compared to average in listed companies, considering the employees’ remuneration of 68.3 million and auditor’s remuneration of 429 thousands
INVESTING MALAYSIA –
3 MAR 20 – Paramount Corp Bhd has set its property sales target at RM1 billion for financial year ending Dec 31, 2020 (FY20), helped by some RM1.2 billion worth of launches planned for the year.
Investing Malaysia –
Average investing volume for Paramount Corp. Bhd in the past three months in stock market was 448.1k lots
Investing Malaysia –
PARAMON gets a score of 25.51 in our equity and assets quality test based on current share price of RM1.35
Investing Malaysia –
Paramount Corp. Bhd gets a score of 24.1 in our stability test after the balance sheet, money statement study
Investing Malaysia –
Stock code of 1724 in Bursa Malaysia declared adjusted 5.56% dividend yield in past few years
Investing Malaysia –
PARAMON is estimated to have a profit consensus of 106.08 millions, with an adjusted market capitalization of 825.09 millions
REMUNERATION STUDY –
In Financial Year End 2018, the directors’ remuneration was 9.32 million. It was high compared to average in listed companies, considering the employees’ remuneration of 57.6 million and auditor’s remuneration of 370 thousands